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Vintage 2023 - White Wines Showcase Bright Acidity
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Vintage 2023 - Nature Delivered What Consumers Desired
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Chinese tycoon Jack Ma lays low 6th January, 2021 by Rupert Millar
The Chinese billionaire and château owner Jack Ma has not been seen since October and is thought to be laying low following his public criticism of China’s national financial regulators.
In October last year Ma delivered a speech at a summit in Shanghai criticising government policies and state run banks, which apparently infuriated president Xi Jinping.
National regulators, the very body Ma had condemned, then called Ma and other executives at his new fintech venture, Ant Group, in for questioning.
They halted the share offering for Ant Group that was due to take place (and forecast to be the world’s biggest IPO) and announced investigations into his former business Alibaba – as well as main competitor TenCent.